This dual-gated, .94 acre estate in Corrales is a custom, well-maintained, move-in-ready home, offering privacy and panoramic mountain views that dominate the day, while city lights provide a stunning nightly backdrop to your private pool & hot tub. The interior stays true to its roots with exposed adobe walls, raised latilla ceilings, and original brick floors throughout. Recent improvements ensure a worry-free transition: Septic & roof updates (2025), new windows & exterior doors (2023), well pump & tank (2023), east & west HVAC (2020), perimeter coyote fence (2019). Historic Southwest character throughout this property provides a serene sanctuary for the discerning buyer seeking beauty, security, and connection to the high desert landscape. Your Corrales retreat awaits.
For sale
$900,000
159 El Rey Dr, Corrales, NM 87048
4beds
3,401sqft
Est.:
Single Family Residence
Built in 1985
0.94 Acres Lot
$870,900 Zestimate®
$265/sqft
$-- HOA
What's special
Historic southwest characterPanoramic mountain viewsOriginal brick floors throughoutExposed adobe wallsRaised latilla ceilings
- 35 days |
- 2,460 |
- 48 |
Zillow last checked: 7 hours ago
Listing updated: February 23, 2026 at 09:25am
Listed by:
Julie Turner 505-220-9700,
Realty One Group Concierge 505-318-1111
Source: SWMLS,MLS#: 1098126
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Main
- Area: 265.94
- Dimensions: 15.11 x 17.6
Kitchen
- Level: Main
- Area: 183.6
- Dimensions: 10.2 x 18
Living room
- Level: Main
- Area: 434.72
- Dimensions: 20.8 x 20.9
Heating
- Forced Air, Natural Gas, Passive Solar
Cooling
- Refrigerated
Appliances
- Included: Cooktop, Double Oven, Dryer, Dishwasher, Refrigerator, Water Softener Owned, Wine Cooler, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Beamed Ceilings, Bookcases, Breakfast Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, Garden Tub/Roman Tub, High Speed Internet, Home Office, Intercom, Multiple Living Areas, Main Level Primary, Skylights, Utility Room
- Flooring: Brick, Carpet
- Windows: Double Pane Windows, Insulated Windows, Skylight(s)
- Has basement: No
- Number of fireplaces: 4
- Fireplace features: Custom, Kiva, Log Lighter
Interior area
- Total structure area: 3,401
- Total interior livable area: 3,401 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage, RV Access/Parking
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Open, Patio
- Exterior features: Hot Tub/Spa, Private Yard, RV Hookup
- Has private pool: Yes
- Pool features: Pool Cover
- Has spa: Yes
- Fencing: Gate
- Has view: Yes
Lot
- Size: 0.94 Acres
- Features: Landscaped, Views
Details
- Additional structures: Shed(s), Storage
- Parcel number: 1014066245508
- Zoning description: A-1
- Other equipment: Intercom
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo
- Property subtype: Single Family Residence
Materials
- Adobe, ICFsInsulatedConcreteForms, Stucco
- Roof: Flat,Tar/Gravel
Condition
- Resale
- New construction: No
- Year built: 1985
Details
- Builder name: Ed Paschich
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Security Gate, Smoke Detector(s)
- Subdivision: Loma Larga
Location
- Region: Corrales
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $648,734
- Annual tax amount: $6,694
- Date on market: 2/11/2026
- Cumulative days on market: 36 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Estimated market value
$870,900
$827,000 - $914,000
$2,605/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Listed for sale | $900,000$265/sqft |
Source:  SWMLS #1098126 Report a problem | ||
| 2/11/2026 | Listing removed | $900,000$265/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 2/5/2026 | Listed for sale | $900,000$265/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 1/27/2026 | Pending sale | $900,000$265/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 1/1/2026 | Price change | $900,000-5.3%$265/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 10/1/2025 | Listed for sale | $950,000$279/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 9/19/2025 | Pending sale | $950,000$279/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 8/28/2025 | Listed for sale | $950,000+65.2%$279/sqft |
Source: SWMLS #1090221 Report a problem | ||
| 7/24/2019 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 5/30/2019 | Pending sale | $575,000$169/sqft |
Source: The Maez Group #944499 Report a problem | ||
| 5/14/2019 | Listed for sale | $575,000+7.5%$169/sqft |
Source: The Maez Group #944499 Report a problem | ||
| 7/31/2015 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/17/2015 | Listed for sale | $535,000-10.7%$157/sqft |
Source: Coldwell Banker Legacy #838178 Report a problem | ||
| 11/1/2014 | Listing removed | $599,000$176/sqft |
Source: Coldwell Banker Legacy #817555 Report a problem | ||
| 6/18/2014 | Price change | $599,000-4.2%$176/sqft |
Source: Coldwell Banker Legacy #817555 Report a problem | ||
| 5/28/2014 | Price change | $625,000-3.8%$184/sqft |
Source: Coldwell Banker Legacy #817555 Report a problem | ||
| 3/20/2014 | Price change | $649,900-0.8%$191/sqft |
Source: Coldwell Banker Legacy #817555 Report a problem | ||
| 3/13/2014 | Listed for sale | $655,000$193/sqft |
Source: Coldwell Banker Legacy #817555 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,695 +1.8% | $216,245 +3% |
| 2024 | $6,575 +0.3% | $209,946 +3% |
| 2023 | $6,558 +1.1% | $203,831 +3% |
| 2022 | $6,486 +2.2% | $197,895 +3% |
| 2021 | $6,348 +3% | $192,131 +3% |
| 2020 | $6,161 | $186,535 +11.9% |
| 2019 | -- | $166,684 |
| 2018 | $5,172 -2.5% | $166,684 +2.7% |
| 2017 | $5,304 | $162,225 +3% |
| 2016 | $5,304 +37.3% | $157,500 +36.8% |
| 2014 | $3,863 | $115,148 +4.9% |
| 2013 | $3,863 | $109,795 -67.3% |
| 2011 | -- | $335,385 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,983/mo
Principal & interest
$4413
Property taxes
$570
More affordability tools
Climate risks
Neighborhood: 87048
Nearby schools
GreatSchools rating
- 8/10Corrales Elementary SchoolGrades: K-5Distance: 2.3 mi
- 3/10Taylor Middle SchoolGrades: 6-8Distance: 2.9 mi
- 3/10Cibola High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Corrales
- Middle: Taylor
- High: Cibola
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 87048
- New Mexico
- Sandoval County
- Corrales
- 87048
- 159 El Rey Dr
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